Ba' Biek
ActiveSummary
The computed 12-month bankruptcy probability of Ba' Biek is 3.3% (moderate). The 2024 annual accounts show negative equity (€-75k) and a net result of €-46k. Equity is shrinking by ~132.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 9623 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
16
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-4
Solvency0▼-14
Growth32=
Track record94
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.04 against 0.55 in 2023; short-term debt: 62.4% and cash: 1.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-45.2%
Return on assets
-27.7%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
222324
2022 to 2024 · latest year €-75k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-10-2025, 63 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
63 d late
2023
89 d late
2022
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€-75k▼ 158%
2023 · €-29k
2022: €2k
2023: €-29k
2022 → 2024
Total assets
€165k▼ 35.6%
2023 · €256k
2022: €287k
2023: €256k
2022 → 2024
Net result
€-46k▼ 48.0%
2023 · €-31k
2022: €-8k
2023: €-31k
2022 → 2024
Working capital
€-98k▼ 57.1%
2023 · €-63k
2022: €-41k
2023: €-63k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€2k-€-29k€-75k▼ 158%
Operating result€-2k-€-27k▼ 1,504%€-43k▼ 59.3%
Net result€-8k-€-31k▼ 283%€-46k▼ 48.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €43k in 2024 against €27k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €165k
Fixed assets
€161k ▼ 10.9%
Current assets
€5k ▼ 94.0%
Key figures and ratios
EBITDA
€-23k▼
2023 · €-7k
Cash flow
€-26k▼
2023 · €-11k
Solvency
-45.2%▼
2023 · -11.3%
Current ratio
0.04▼
2023 · 0.55
Quick ratio
0.04▼
2023 · 0.19
Debt to equity
-3.21▲
2023 · -9.86
ROA
-27.7%▼
2023 · -12.0%
Interest coverage
-7.86▼
2023 · -1.78
Debt
€240k▼
2023 · €285k
Debt ≤ 1 year
€103k▼
2023 · €139k
Debt > 1 year
€137k▼
2023 · €146k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€256k€165k▼
Fixed assets21/28€180k€161k▼
Tangible fixed assets22/27€180k€161k▼
Land and buildings22€56k€53k▼
Plant, machinery and equipment23€119k€104k▼
Furniture and vehicles24€5k€4k▼
Current assets29/58€76k€5k▼
Stocks and contracts in progress3€49k€781▼
Stocks30/36€49k€781▼
Amounts receivable within one year40/41€7k€2k▼
Trade receivables40€5k€2k▼
Other amounts receivable41€2k€93▼
Cash at bank and in hand54/58€19k€2k▼
Deferred charges and accrued income490/1€234-
Equity and liabilities
Total equity and liabilities10/49€256k€165k▼
Equity10/15€-29k€-75k▼
Contributions10/11€10k€10k=
Profit (loss) carried forward14€-39k€-85k▼
Amounts payable17/49€285k€240k▼
Amounts payable after more than one year17€146k€137k▼
Financial debts170/4€146k€137k▼
Amounts payable within one year42/48€139k€103k▼
Current portion of amounts payable after more than one year42€10k€10k▲
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Taxes, remuneration and social security45€2k-
Taxes450/3€2k-
Other amounts payable47/48€126k€91k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€20k=
Other operating charges640/8€641-
Gross operating margin9900€-7k€-23k▼
Operating profit (loss)9901€-27k€-43k▼
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€-31k€-46k▼
Profit (loss) for the period9904€-31k€-46k▼
Profit (loss) for the period to be appropriated9905€-31k€-46k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-39k€-85k▼
Profit (loss) brought forward from the previous period14P€-8k€-39k▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 63 days late
2024
31-12
Financial
Weakest financial yearnet €-46k
Net result drops to €-46k, the lowest in the series.
28-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 89 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bierbeek · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ruisbroekstraat 613360 BierbeekGround area
2,785 m²
Building footprint
839 m²
Volume, LiDAR
6,074 m³
2 parcels, Flanders · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Mimi baby Bierbeek
since 20212.316.711.970
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24011D0101/00S002 | Flanders | 2,147 m² | 1 · 721 m² | 11.5 m · 3 fl. |
| 24011F0104/00S000 | Flanders | 638 m² | 1 · 117 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
KASSAS
BE 0743.436.803
Sint-Joost-ten-Node · Eq €1,977
KIDS-TAILORED
BE 0656.797.589
Boechout · Eq €1,793
Ferudath
BE 0781.361.823
Wommelgem · Eq €1,772
STUDIO BEBE
BE 0786.943.380
Sint-Niklaas · Eq €1,645
Something Green
BE 0797.682.765
Mechelen · Eq €1,635
Of 506 companies in sector 47713 we hold annual accounts for 197. 49 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
47713Retail trade
47120Other non-specialised retail sale
56210Event catering
74120Graphic design and visual communication
85510Sports and recreation education
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.